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Global Rail Wheel (Railway Wheel) Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Publisher GlobalInfoResearch
Published Jun 30, 2025
Length 144 Pages
SKU # GFSH20148135

Description

According to our (Global Info Research) latest study, the global Rail Wheel (Railway Wheel) market size was valued at US$ 3254 million in 2024 and is forecast to a readjusted size of USD 3744 million by 2031 with a CAGR of 2.1% during review period.

Rail Wheels a type of Wheel specially designed for use on rail tracks. The Wheels is on the rails without guidance except for the shape of the tyre in relation to the rail head. Contrary to popular belief, the flanges should not touch the rails. Flanges are only a last resort to prevent the wheels becoming derailed - they"re a safety feature. The Wheel tyre is coned and the rail head slightly curved.



Ideally, the Wheel profile should be determined by agreement between the railway infrastructure owner and the rolling stock owner. Of course, it varies from place to place but it is rarely a simple angle. It"s usually a carefully calculated compound form. With respect to the rail angle, in the UK for example, it is set at 1 in 20 (1/20 or 0.05). In the US and France it"s usually at 1/40. Light rail systems operating over roadways will have special profiles.

Asia-Pacific is the largest Rail Wheel (Railway Wheel) market with about 45% market share. North America is follower, accounting for about 17% market share.

The key players are NSSMC, Interpipe, OMK Steel, EVRAZ NTMK, Bochumer Verein Verkehrstechnik (BVV), Lucchini RS, Rail Wheel Factory, GHH-Bonatrans, Amsted Rail, CAF, Comsteel, Magang (Group) Holding, Taiyuan Heavy Industry, Datong ABC Castings Company Limited (DACC), Xinyang Amsted Tonghe Wheels, ZHIQI RAILWAY EQUIPMENT etc. Top 3 companies occupied about 33% market share.

This report is a detailed and comprehensive analysis for global Rail Wheel (Railway Wheel) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Rail Wheel (Railway Wheel) market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Rail Wheel (Railway Wheel) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Rail Wheel (Railway Wheel) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Rail Wheel (Railway Wheel) market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Rail Wheel (Railway Wheel)

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Rail Wheel (Railway Wheel) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include NSSMC, Interpipe, OMK Steel, EVRAZ NTMK, Bochumer Verein Verkehrstechnik (BVV), Lucchini RS, Rail Wheel Factory, GHH-Bonatrans, Amsted Rail, CAF, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Rail Wheel (Railway Wheel) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
High speed
Freight Wagons
Passenger Wagons
Locos

Market segment by Application
OE Market
AM Market

Major players covered
NSSMC
Interpipe
OMK Steel
EVRAZ NTMK
Bochumer Verein Verkehrstechnik (BVV)
Lucchini RS
Rail Wheel Factory
GHH-Bonatrans
Amsted Rail
CAF
Comsteel
Magang (Group) Holding
Taiyuan Heavy Industry
Datong ABC Castings Company Limited (DACC)
Xinyang Amsted Tonghe Wheels
ZHIQI RAILWAY EQUIPMENT

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Rail Wheel (Railway Wheel) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Rail Wheel (Railway Wheel), with price, sales quantity, revenue, and global market share of Rail Wheel (Railway Wheel) from 2020 to 2025.

Chapter 3, the Rail Wheel (Railway Wheel) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Rail Wheel (Railway Wheel) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Rail Wheel (Railway Wheel) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Rail Wheel (Railway Wheel).

Chapter 14 and 15, to describe Rail Wheel (Railway Wheel) sales channel, distributors, customers, research findings and conclusion.

Table of Contents

144 Pages
1 Market Overview
2 Manufacturers Profiles
3 Competitive Environment: Rail Wheel (Railway Wheel) by Manufacturer
4 Consumption Analysis by Region
5 Market Segment by Type
6 Market Segment by Application
7 North America
8 Europe
9 Asia-Pacific
10 South America
11 Middle East & Africa
12 Market Dynamics
13 Raw Material and Industry Chain
14 Shipments by Distribution Channel
15 Research Findings and Conclusion
16 Appendix
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